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Hong Kong

Hong Kong still weighing whether retail CBDC benefits outweigh the risks
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18 April, 2024

Hong Kong still weighing whether retail CBDC benefits outweigh the risks

The HKMA chief executive says the central bank is still determining whether there is a real need for a retail...
Hong Kong’s digital asset hub drive in full throttle with approval of ETFs
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17 April, 2024

Hong Kong’s digital asset hub drive in full throttle with approval of ETFs

While China remains adamant about embracing digital assets, Hong Kong proudly showcases its friendly stance with the approval of several...
Hong Kong’s largest digital bank pursues stablecoin issuers
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11 April, 2024

Hong Kong’s largest digital bank pursues stablecoin issuers

ZA Bank will offer stablecoin issuers accounts for cash reserves and is exploring possibly custodying stablecoins and other digital assets...
Hong Kong to issue new DLT adoption guidelines for banks
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7 April, 2024

Hong Kong to issue new DLT adoption guidelines for banks

The Hong Kong Monetary Authority has promised to issue the new guidelines in the coming weeks but clarified that they...
HSBC launches tokenized gold for retail customers in Hong Kong
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30 March, 2024

HSBC launches tokenized gold for retail customers in Hong Kong

After launching its tokenized gold for institutional users in November 2023, the bank is now expanding the HSBC Gold Token...
Tokenization, CBDCs poised to increase Hong Kong’s GDP by $20.4 billion: study
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29 March, 2024

Tokenization, CBDCs poised to increase Hong Kong’s GDP by $20.4 billion: study

Experts forecast that Hong Kong could add $20.5 billion to its economy by 2032 as it ramps up CBDC and...
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